Nationwide partnership launched with Citizens Advice

Money News

www.moneynews.co.uk > Debt > Nationwide partnership launched with Citizens Advice

Topics

bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet

Features

bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet

Companies

bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet

Money News

bullet
bullet
bullet
bullet
bullet

Nationwide partnership launched with Citizens Advice

A three-year partnership between Nationwide and Citizens Advice will see 1,300 volunteers gathered for financial advising.

The £3 million investment from Nationwide will go towards recruiting and training the volunteers who will work in communities across the country.

This will mean finance education sessions can be held not only through the Citizens Advice bureaux but also in community centres and groups.

Maxine Taylor, director of corporate affairs for Nationwide, said that one of the building society's primary concerns was to make sure financial education is readily available for both adults and children.

David Harker, chief executive of Citizens Advice, said that debt is the issue most frequently brought to bureaux.

Last year, 1.7 million debt problems were brought to Citizens Advice outlets in England, Wales and Northern Ireland.

More than 6,500 debt problems are dealt with by Citizens Advice every working day.

The partnership has been welcomed by both the Financial Services Authority and the government.

In one case study, a London man who received financial capability training from Citizens Advice said his confidence had been built, not just for finances but in his dealings with financial institutions.

ADNFCR-323-ID-18850365-ADNFCR

Related News : Debt

bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet

Related News : General finance

bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet

Related News : Nationwide

bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet